THE SHAW GROUP

HomeWho We AreWhat We DoInvestor RelationsCareers

News Release

Printer Friendly VersionView printer-friendly version
<<Back
The Shaw Group Names Dirk J. Wild Senior Vice President and Chief Accounting Officer

BATON ROUGE, La.--(BUSINESS WIRE)--Nov. 30, 2004--The Shaw Group Inc. (NYSE:SGR) today announced that Dirk J. Wild, has been appointed to the newly created position of Senior Vice President and Chief Accounting Officer of The Shaw Group, reporting to Executive Vice President and Chief Financial Officer, Robert L. Belk. In his new role, Mr. Wild will be responsible for overseeing all accounting and financial reporting functions of Shaw. His initial focus will be on integrating accounting functions, policies and controls across all divisions of Shaw, improving delivery of transparent financial information to both internal and external users and ensuring compliance with all regulatory requirements related to accounting, including the requirements under the Sarbanes-Oxley Act and under the Defense Contract Audit Agency regulations.

Mr. Wild has been with Shaw since 2001 and has held several positions of increasing responsibility during his tenure. Most recently, he held the joint position of Chief Financial Officer for Shaw's Engineering, Construction and Maintenance operating division, as well as Vice President, Special Projects. During this time, Mr. Wild was an integral part of the financial management team and played a large role in several strategic initiatives, including the acquisition and integration of The IT Group, Inc. in 2002. He has been instrumental in the reorganization and consolidation of Shaw's overall operations and management structure including the development and implementation of improved internal controls and processes.

Mr. Belk commented, "Dirk's comprehensive knowledge of public company financial reporting and expertise in general operations and management have played an important role in our ability to streamline processes, maximize efficiencies and improve execution. His broad expertise in mergers, acquisitions, and debt and equity transactions, will be a tremendous asset as we expand our management team, improve our financial reporting procedures, and execute future strategic initiatives."

Before joining Shaw, Mr. Wild was Senior Manager of Assurance & Business Advisory Services for Arthur Andersen in New Orleans where he worked with a broad range of companies in diverse industries including construction, oil field services, wholesale distribution, manufacturing and distribution, transportation and real estate. Mr. Wild is a certified public accountant and holds a Bachelor of Science degree in accounting from Louisiana Tech University, where he graduated summa cum laude in 1989. He received his graduate degree in professional accounting from the University of Texas in 1990.

The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for government and private sector clients in the power, process, environmental, infrastructure and emergency response markets. A Fortune 500 company, The Shaw Group is headquartered in Baton Rouge, Louisiana, and employs approximately 17,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. For further information, please visit the Company's website at www.shawgrp.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. The statements contained herein that are not historical facts (including without limitation statements to the effect that the Company or its management "believes," "expects," "anticipates," "plans," or other similar expressions) and statements related to revenues, earnings, backlog, or other financial information or results are forward-looking statements based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions and are subject to change based upon various factors. Should one or more of such risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. A description of some of the risks and uncertainties that could cause actual results to differ materially from such forward-looking statements can be found in the Company's reports and registration statements filed with the Securities and Exchange Commission, including its Form 10-K and Form 10-Q reports, and on the Company's website under the heading "Forward-Looking Statements". These documents are also available from the Securities and Exchange Commission or from the Investor Relations department of Shaw. For more information on the company and announcements it makes from time to time on a regional basis visit our website at www.shawgrp.com.

MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4774999
    CONTACT: The Shaw Group Inc., Baton Rouge
             Chris D. Sammons, 225-932-2546
    SOURCE: The Shaw Group Inc.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding SHAW GROUP INC's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.


Additional Information

Calendar of Events

Presentations

Archived News Releases


IR Services

Receive E-mail Alerts

Request Information

Contacts

Job Search Photo